Danish Krone (DKK)
a.k.a. DKK, Krone
Denmark's currency, code DKK, kept in a narrow band around a fixed rate to the euro.
In plain English
Denmark's currency, code DKK, kept in a narrow band around a fixed rate to the euro.
The Danish krone (DKK) is tied to the euro through the EU's exchange rate mechanism (ERM II), with Denmark's central bank holding it very close to about 7.46 krone per euro.
Denmark has an opt-out from adopting the euro. Because of the tight peg, EUR/DKK barely moves.
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